Revenue
6.8% of sector revenue
327 companies earned 139.03m€ in 2025, 6.8% of Construction sector revenue. Revenue has grown 3.3× since 2015.
6.8% of sector revenue
156 with at most one employee
Largest employer: Epcg-Solar-Gradnja (506)
Median company 2.3% · 54% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Revenue change vs 2024, companies with at least 1m€ that year
Ranked by total revenue · Showing 101–150 of 327
* Avg payroll cost per employee per month = wages, wage compensation and other personnel expenses from the income statement (AOP 211: net wages, taxes and contributions on wages including the employer's, and other personnel expenses) / employees / 12. It is not an employee's gross or net salary; reporting errors can move it significantly, and values below 300€ a month are not shown. How we calculate →
Totals include 2 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 42,588,411€ | 118 |
| 2016 | 47,299,692€ | 124 |
| 2017 | 52,556,942€ | 128 |
| 2018 | 68,687,823€ | 153 |
| 2019 | 80,664,816€ | 158 |
| 2020 | 101,840,633€ | 190 |
| 2021 | 78,729,511€ | 205 |
| 2022 | 77,725,877€ | 228 |
| 2023 | 97,175,511€ | 266 |
| 2024 | 113,789,605€ | 300 |
| 2025 (Preliminary) | 139,032,823€ | 327 |
Employees and payroll cost per employee per month*
<0.1% |
| 121,189€ |
| -54.0% |
| -14,641€ |
| -12.1% |
| 3 |
| 1,089€ |
| 103 | BB Klime03296172 · Danilovgrad | <0.1% | 120,322€ | -9.0% | 20,036€ | 16.7% | 1 | — |
| 104 | Enertech - Inženjering03008193 · Podgorica | <0.1% | 120,283€ | +305.0% | 33,269€ | 27.7% | 1 | 1,051€ |
| 105 | Electro Solutions03600599 · Bar | <0.1% | 120,135€ | +106.5% | -3,192€ | -2.7% | 2 | 1,875€ |
| 106 | Elektro-Piva02665204 · Budva | <0.1% | 119,288€ | +27.8% | 5,010€ | 4.2% | 3 | 860€ |
| 107 | Ac/DC Solutions03455530 · Podgorica | <0.1% | 119,131€ | +33.4% | 5,995€ | 5.0% | 2 | 825€ |
| 108 | Gera02229269 · Tivat | <0.1% | 118,180€ | -3.2% | 3,927€ | 3.3% | 3 | 1,113€ |
| 109 | Elektrouniverzal Team03658007 · Berane | <0.1% | 116,102€ | +233.8% | 41,043€ | 35.4% | 3 | 1,335€ |
| 110 | 5i Element03376648 · Podgorica | <0.1% | 114,925€ | -5.4% | 6,937€ | 6.0% | 5 | 681€ |
| 111 | Elnet02860678 · Bijelo Polje | <0.1% | 113,727€ | +20.4% | 9,756€ | 8.6% | 3 | 724€ |
| 112 | Visoki Napon Jokanović03698335 · Podgorica | <0.1% | 113,427€ | +3,066.6% | 1,069€ | 0.9% | 4 | 333€ |
| 113 | MDL Elektro03745678 · Podgorica | <0.1% | 112,326€ | No filing for 2024. | 9,530€ | 8.5% | 0 | — |
| 114 | Energonet03418430 · Danilovgrad | <0.1% | 111,105€ | -32.1% | 1,067€ | 1.0% | 6 | 821€ |
| 115 | Besmart - Networks03493989 · Bar | <0.1% | 109,144€ | +21.8% | 80,356€ | 73.6% | 2 | 741€ |
| 116 | Elektronika Centar02653206 · Herceg Novi | <0.1% | 107,974€ | -0.6% | 10,906€ | 10.1% | 3 | 629€ |
| 117 | Marković R&B Elektro Sistem03177718 · Podgorica | <0.1% | 106,181€ | +174.8% | 23,293€ | 21.9% | 1 | 621€ |
| 118 | Enn Elektro Sistem03626407 · Podgorica | <0.1% | 103,426€ | +21.0% | -17,021€ | -16.5% | 2 | 883€ |
| 119 | 4D Tim03778207 · Bar | <0.1% | 99,200€ | No filing for 2024. | 8,001€ | 8.1% | 5 | 404€ |
| 120 | S Connect03442985 · Podgorica | <0.1% | 98,412€ | +1.9% | 795€ | 0.8% | 2 | 1,204€ |
| 121 | Radius Gas02958066 · Herceg Novi | <0.1% | 97,543€ | +22.6% | 3,292€ | 3.4% | 1 | 1,419€ |
| 122 | Waves Smart Technologies03137473 · Podgorica | <0.1% | 94,834€ | +609.5% | 10,915€ | 11.5% | 1 | 1,245€ |
| 123 | Sova Elektro Tim03396347 · Nikšić | <0.1% | 92,980€ | +229.2% | 5,379€ | 5.8% | 3 | 697€ |
| 124 | Status Ab03756734 · Podgorica | <0.1% | 92,647€ | No filing for 2024. | -44,712€ | -48.3% | 3 | 591€ |
| 125 | Nidel03634043 · Podgorica | <0.1% | 90,717€ | +257.1% | 1,495€ | 1.6% | 1 | 643€ |
| 126 | Rtech03562042 · Podgorica | <0.1% | 89,025€ | +41.7% | 4,774€ | 5.4% | 2 | 1,668€ |
| 127 | Luks Elektro03404803 · Herceg Novi | <0.1% | 88,527€ | -29.8% | -2,749€ | -3.1% | 1 | 1,462€ |
| 128 | Digitec03314588 · Podgorica | <0.1% | 86,091€ | +13.7% | -3,048€ | -3.5% | 1 | — |
| 129 | Winner Elektro03154653 · Danilovgrad | <0.1% | 83,483€ | +7.8% | 12,607€ | 15.1% | 3 | 835€ |
| 130 | Trio Elektro As03332527 · Podgorica | <0.1% | 82,576€ | +1.3% | 11,889€ | 14.4% | 4 | 743€ |
| 131 | SM Group Montenegro03770028 · Budva | <0.1% | 81,520€ | No filing for 2024. | 15,001€ | 18.4% | 1 | 3,956€ |
| 132 | Boss Security02724294 · Podgorica | <0.1% | 80,132€ | +30.4% | -14,437€ | -18.0% | 1 | 925€ |
| 133 | I&B-Elektro03733092 · Bijelo Polje | <0.1% | 79,507€ | No filing for 2024. | 3,935€ | 4.9% | 3 | 821€ |
| 134 | Voltx Electro03747883 · Budva | <0.1% | 76,843€ | No filing for 2024. | 2,735€ | 3.6% | 7 | 661€ |
| 135 | Electros.M.03252272 · Ulcinj | <0.1% | 75,534€ | +3.9% | -33,514€ | -44.4% | 5 | 829€ |
| 136 | Poptech03746135 · Podgorica | <0.1% | 74,581€ | No filing for 2024. | 39,658€ | 53.2% | 1 | 419€ |
| 137 | Elips02050790 · Herceg Novi | <0.1% | 74,305€ | -20.2% | -22,310€ | -30.0% | 3 | 1,001€ |
| 138 | Sigurnost Vašeg Doma03639347 · Berane | <0.1% | 72,779€ | +19.3% | 7,960€ | 10.9% | 2 | 837€ |
| 139 | Elektro Mojaš03293238 · Podgorica | <0.1% | 72,556€ | +5.6% | 1,739€ | 2.4% | 1 | 990€ |
| 140 | Elien03640418 · Zeta | <0.1% | 72,251€ | +88.4% | 777€ | 1.1% | 5 | 877€ |
| 141 | Elemont Elektro03626903 · Podgorica | <0.1% | 72,109€ | -8.6% | -18,727€ | -26.0% | 4 | 1,094€ |
| 142 | Semipro03783979 · Podgorica | <0.1% | 68,945€ | No filing for 2024. | 15,314€ | 22.2% | 1 | 601€ |
| 143 | GPM Electro Team03303187 · Bar | <0.1% | 68,474€ | -34.7% | -22,380€ | -32.7% | 4 | 554€ |
| 144 | Planet02297124 · Podgorica | <0.1% | 67,974€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,858€ | -33.6% | 1 | — |
| 145 | Demo - Elektro03770613 · Nikšić | <0.1% | 66,663€ | No filing for 2024. | 6,021€ | 9.0% | 5 | — |
| 146 | Usd Monte03685438 · Bar | <0.1% | 66,466€ | +141.4% | -2,359€ | -3.5% | 5 | 967€ |
| 147 | Elektro Ekspert03639908 · Bijelo Polje | <0.1% | 65,770€ | +30.7% | 10,991€ | 16.7% | 1 | 2,450€ |
| 148 | Master Gate03615693 · Podgorica | <0.1% | 65,317€ | +1.5% | 7,367€ | 11.3% | 1 | 338€ |
| 149 | Zeko-Elektro03681840 · Danilovgrad | <0.1% | 64,704€ | +445.0% | -3,275€ | -5.1% | 1 | 5,645€ |
| 150 | Elektro Radar03725219 · Danilovgrad | <0.1% | 62,834€ | No filing for 2024. | -3,023€ | -4.8% | 1 | 972€ |